A target-date fund is a mutual fund (or exchange-traded fund) that gradually rebalances and reallocates assets as you get closer to retirement, typically shifting the majority of assets from riskier investments such as stocks to more conservative – or fixed-income…
Mutual fund fees: what you need to know before investing
A mutual fund is a pooled collection of investment funds. When a person buys shares in a mutual fund, money is combined with other investors’ capital. A professional manager purchases stocks, bonds or other securities on behalf of you and these investors. Because managers must be paid, and fund companies must cover their expenses...
Build your own target-date fund
Are you investing in a target-date mutual fund?
If so, you might want to reconsider doing so – especially given the expense of these funds.
So say the authors of a new research paper…
14 financial words you need to understand
You hear money jargon everywhere — whether in conversation, online or blaring from the TV and radio.
Yet, how many of us know what terms such as APR, expense ratio and ETF actually mean?